FMR is below market; voucher rent may lag private rents.
0.51
1 BR
1 BR- 78619
0.48ratio
FMR$1,410
Market$2,910
vs market-$1,500
FMR is below market; voucher rent may lag private rents.
0.48
2 BR
2 BR- 78619
0.63ratio
FMR$1,670
Market$2,630
vs market-$960
FMR is below market; voucher rent may lag private rents.
0.63
3 BR
3 BR- 78619
0.70ratio
FMR$2,120
Market$3,010
vs market-$890
FMR is below market; voucher rent may lag private rents.
0.70
4 BR
4 BR- 78619
0.70ratio
FMR$2,490
Market$3,580
vs market-$1,090
FMR is below market; voucher rent may lag private rents.
0.70
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Driftwood, TX fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Driftwood, TX is $1,670 a month. That is down 5.1% from $1,760 in FY 2026. Driftwood is in the Austin-Round Rock-San Marcos, TX MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,817. The median county two-bedroom FMR in Texas is $1,105, so Driftwood is 51% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Driftwood, TX
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,400
$1,330
−5.0%
$1,197–$1,463
1BR
$1,490
$1,410
−5.4%
$1,269–$1,551
2BR
$1,760
$1,670
−5.1%
$1,503–$1,837
3BR
$2,240
$2,120
−5.4%
$1,908–$2,332
4BR
$2,600
$2,490
−4.2%
$2,241–$2,739
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Driftwood, TX
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,330
$1,410
$1,670
$2,120
$2,490
FY 2026
$1,400
$1,490
$1,760
$2,240
$2,600
FY 2025
$1,470
$1,570
$1,850
$2,360
$2,740
FY 2024
$1,500
$1,610
$1,900
$2,440
$2,800
FY 2023
$1,290
$1,430
$1,680
$2,150
$2,490
Questions about Driftwood, TX rents
How much will Section 8 pay for a two-bedroom in Driftwood, TX?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,817, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,635 to $1,999 a month; under the ZIP-level Small Area FMR of $1,670 it would be $1,503 to $1,837. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Driftwood, TX in?
Driftwood, TX is in the Austin-Round Rock-San Marcos, TX MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,817.
How much did fair market rent change in Driftwood, TX for FY 2027?
The two-bedroom FMR fell 5.1%, from $1,760 in FY 2026 to $1,670 in FY 2027. Since FY 2023 it has fallen 0.6%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set